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34339678
34339675

3469 Middle Road, Bettendorf, IA 52722 For Sale

TS
CA CA 02059923
Faris Lee Investments
HS
CA 02036521
Faris Lee Investments
Listed by Faris Lee Investments
$1,975,000
7 days on market
Updated 7 days ago

7 Brew Drive-Thru | Hard Corner | Abs NNN Lease | Midwest

Details
APN 842203501
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 510
Net Rentable (SqFt) 510
Units 1
Cap Rate 6.00%
NOI $118,512
Occupancy 100%
Tenancy Single
Brand/Tenant 7 Brew, 7 Brew Coffee (+2)
Lease Type Absolute NNN
Lease Term 15
Rent Bumps Yes
Lease Options 5 (5-Yr)
Broker Co-Op True
Year Built 2026
Buildings 1
Stories 1
Acreage 0.550
Zoning C-3
Investment Type Net Lease
Ground Lease Yes
Ownership Leased Fee (Land Only)

JUST LISTED: 7 Brew Coffee DT | Hard Corner @ 4-Way Intersection | Abs NNN | $1.97M

Marketing description

Faris Lee Investments is pleased to present the opportunity to acquire a brand new, dual drive-thru 7 Brew Coffee property located in the Quad Cities MSA, a four-city metropolitan region spanning the Iowa-Illinois border. The subject property is positioned on a corner parcel at a signalized four-way intersection with combined traffic counts of 38,000+ vehicles per day, offering superior frontage, visibility, and two access points. The tenant selected this location for its dominant positioning along Middle Road and Devils Glen Road, two of the primary commercial corridors connecting Bettendorf, Davenport, and two nearby interstate freeways. The offering is secured by a brand-new 15-year Absolute NNN ground lease with 10% rental increases every five years, providing investors with a strong hedge against inflation and consistent cash flow growth throughout the lease term. The absence of landlord responsibilities and the intrinsic value of drive-thru real estate on a hard corner parcel creates an ideal investment opportunity for a passive or out-of-state investor.

The subject property is adjacent to one of the most-visited Hy-Vee grocery stores in the country (ranked #11 in Iowa and #25 nationwide per Placer.ai), generating 1.5 million visits in 2025, which is nearly double the Iowa brand average. The surrounding trade area is supported by 142,500+ residents within a five-mile radius and benefits from exceptional daily traffic drivers, including multiple high schools, Scott Community College, and four elementary schools within close proximity. The corridor is further reinforced with synergy from QSR neighbors, including Taco Bell (#8 most visited in Iowa), Starbucks, Burger King, Dunkin’, and Arby’s. Located in Bettendorf, Iowa, one of the fastest-growing communities in the Quad Cities, the area has experienced 17%+ population growth since 2010 and continues to attract major institutional investment. This investment offering represents a rare opportunity to acquire a brand new, high-quality, Absolute NNN investment property in one of the Midwest’s most compelling metro regions.

Investment highlights

  • Brand New Construction, Dual Drive-Thru 7 Brew Coffee Property in Quad Cities MSA
  • 15 Year Lease Term with 10% Rental Increases
  • Absolute NNN Ground Lease: Ultimate Ease of Management for Investor
  • Corner Parcel At 4-Way Intersection (37,000+ VPD) / Out-positioning Competition
  • Adjacent To #11 Most-Visited Hy-Vee Grocery Store In Iowa (#25 In U.S.) per Placer.ai
  • Quad Cities is a leading metro in Midwest, combining multiple cities
    • 380,000+ residents
    • Bettendorf IA, Davenport IA, Moline IL, East Moline IL, & Rock Island IL
    • John Deere Global HQ
  • 600+ unit QSR operator
    • RARE operational partnership between Ampler Group (Taco Bell, Burger King, Church's Chicken, Little Caesars) & Brew Crew (Largest 7 Brew franchisee)
  • 7 Brew Coffee: $2.65M+ Avg Sales / Higher Avg Sales than both Dutch Bros & Starbucks
  • QSR ‘Smile’ Brand Emphasizing Customer Service And Experiencing Explosive Growth

Listing Contacts

TS
CA CA 02059923
Faris Lee Investments
HS
CA 02036521
Faris Lee Investments
Listed by Faris Lee Investments

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$118,512.00
$9,876.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
ERIN ROONEY, CCIM
License
IA License No. B42992000
Brokerage
Gateway Real Estate Advisors
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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